Archive for the ‘Corporate Welfare’ Category

SA helps teeny tiny multinational company

Posted: 9:08 am on 1st May 2015

Ah, we love the smell of corporate welfare in the morning! South Australian Premier Jay Weatherill lost no time setting up the Regional Development Fund after his election victory last year, pledging $15 million worth of grants each year, in a bid to improve the quality of booze at government parties… ah, “increase economic growth and productivity for regional South Australia,” we mean. Our apologies. It’s easy to get the two confused…

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The age of entitlement

Posted: 10:00 am on 16th April 2014

The federal budget is due in about a month. Almost unable to contain its excitement, WasteWatch has decided to dedicate a post to a few of those brave funding programs that will no longer be with us on that second Tuesday in May. Chief among them are the T-QUAL Tourism Quality Projects program and the Clean Technology Food and Foundries Investment Program. Some great projects have been funded through these…

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$3.5 million for seafood processor

Posted: 8:54 am on 12th February 2014

Corporate welfare is a fishy business in Australia. A couple of weeks ago the Coalition government turned down SPC Ardmona’s request for $25 million of taxpayer money to ‘retool’ their plant. But just days later it approved a grant of $3.5 million of taxpayer money for Tasmanian seafood processor Huon Aquaculture. Not wanting to be left behind the Tasmanian government has also chipped in an extra $1.5 million of their…

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Corporate welfare is alive and well

Posted: 1:56 pm on 10th February 2014

Remember last year when Tony Abbott decided to sweeten the tone of federal politics by investing $16 million in Cadbury’s Tasmanian operations? It turns out the Tasmanian government is anxious not to be left behind when it comes to corporate welfare. But Lara Giddings and her cabinet appear to have slightly different tastes from Mr Abbott. The Tasmanian government has recently decided to spend $100,000 of taxpayer money on advertising…

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A $16 million corporate sweetener

Posted: 10:01 am on 10th September 2013

First it was Chiko rolls, now it’s chocolate. After years of somewhat sour politics, Tony Abbott seems determined to sweeten things up a little. The new Prime Minister recently promised that the Coalition would contribute $16 million towards ‘factory upgrades’ in the Cadbury factory nestled in Claremont, in Hobart’s north. The announcement must have been received with a few snickers by the Coalition’s small government supporters, but Mr Abbott said…

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How much would you pay for a Chiko roll?

Posted: 11:59 am on 28th August 2013

NSW Nationals Leader Andrew Stoner obviously remembers the glory days of the Chiko roll. Do you? Do you remember wandering the streets late at night after a university party, and suddenly being confronted by the Chiko Chick, clad in oh-so-tight red leather? Andrew Stoner does. Do you remember the rocking 1970s, when Daddy Cool, AC/DC, the Skyhooks, and Cold Chisel stalked the earth, and Australians consumed over 40 million Chiko…

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$360k for a cup of coffee?

Posted: 1:49 pm on 31st July 2013

Here at WasteWatch, we have already brought you the good news about the various Australian governments anxious to pour millions of dollars into Holden’s hungry maw. Surprise, surprise, Holden is not the only one suckling at the teat of corporate welfare. The Automotive New Markets Program, a joint Federal-Victoria-South Australia program, is designed to help automotive supply chain companies diversify their customer base and product range. The program has helped…

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$6 million for mobile phone games

Posted: 10:03 am on 29th July 2013

Are you a fan of playing Angry Birds, or Candy Crush Saga, or Words With Friends on your mobile phone on the way to work? Now you have friends in high places. Tony Burke, our new Immigration Minister, and Minister for the Arts, surely enjoys a similar relaxation from the trials and tribulations of being a pollie. However, the Minister must be getting bored with his current games selection, because…

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$3m funding circus for NSW and Federal governments

Posted: 11:48 am on 17th July 2013

We keep hearing how our children are getting fatter and fatter. Well, it turns out the government has a great new sport and recreation program to get our children fit and healthy again. Our latest instalment of mindless government waste is the funding of the Flying Fruit Fly Circus for young people. According to their website, The Flying Fruit Fly Circus is Australia’s world famous circus for young people. We…

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Government funded fashion in vogue

Posted: 1:47 pm on 27th May 2013

There are revelations today that prove what we already know: government subsidies for the textile, clothing and footwear industry (TCF) are a complete waste of taxpayer money. In 2005 AusIndustry launched a six year $112.5 million program “to drive innovation and renewal in the textile and clothing industry” through grants to the TCF industry. Corporate welfare is a bad idea at the best of times but the fact that many…

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